Fifth Third Acquired by Comerica | Financial Services M&A Deal

Comerica has completed the acquisition of Fifth Third, a banking business in Texas, for $10.9 billion. Fifth Third Bank operates retail and commercial banking across the Dallas metro, and the merger supports Comerica acquisitions and financial services M&A in TX. As part of the financial services deals TX, Fifth Third will exit its 1717 Main Street Comerica Bank Tower lease in Downtown Dallas and relocate to Preston Center while system conversions finalize. The strategic acquisition is a merger acquisition between two strategic banks, with Comerica acquisitions and merger acquisition activity tied to office footprint changes and ongoing branch expansion plans.